Seth Walsh AMA // Business // Trading // Corporate Politics // Self Preservation - Ask anything

[4ever]

Europe still mogs USA hard, life isnt all aber wagrs

Thoughts @Jason Voorhees

 

[Jason Voorhees]

Thoughts @Jason Voorhees

Europe still mogs USA hard, life isnt all aber wages

Europe mogs if you are a NEET, Low ambition just want a relaxed, welfare supported life with decent public infrastructure, healthcare, and social stability otherwise US is better in almost every metric. Even cities like Houston Dallas, or Atlanta mog many European capitals in terms of cost of living to income ratio, business environment, and overall convenience

 

[gigacumster3000]

worked for me

 

[4ever]

Europe mogs if you are a NEET, Low ambition just want a relaxed, welfare supported life with decent public infrastructure, healthcare, and social stability otherwise US is better in almost every metric. Even cities like Houston Dallas, or Atlanta mog many European capitals in terms of cost of living to income ratio, business environment, and overall convenience

Idk

Europe mogs if you are a NEET, Low ambition just want a relaxed, welfare supported life with decent public infrastructure, healthcare, and social stability otherwise US is better in almost every metric. Even cities like Houston Dallas, or Atlanta mog many European capitals in terms of cost of living to income ratio, business environment, and overall convenience

As long as you're in education, Europe mogs imo.
Relatively inexpensive or free, high quality education. You can even get state assistance.

After that, it depends. For most people Europe is probably still better. For the top 5-15% or so, who want to grind, the US is probably better. At least when it comes to money / career related things.

 

[Jason Voorhees]

Idk

As long as you're in education, Europe mogs imo.
Relatively inexpensive or free, high quality education. You can even get state assistance.

I personally don't know about the European education system so I can't comment but imho American unis are unmoggable. Great teaching style, great classrooms, top tier professors, up to date syllabus, so many extra curriculars and exposure and most of all world wide brand name. Even if the fees is high it is worth it imo. Missing out on all this still remains one of my biggest regrets.

Same can be said for the healthcare too. I even made a thread about it. The healthcare in US is expensive but literally the best I've seen. Extremely efficient and reliable even though it is damn expensive. Europe's healthcare is overburdened and generally shit from what I've heard same for the free education which is still a step below american unis.

Healthcare is actually top tier in the U.S

U.S has some of the best medical technology, doctors, and research in the world. I was surprised at how efficient and professional the doctors were when one of family members got admitted. All the medicines have to go through FDA approval with rigorous testing before beinf prescribed and doctors...

looksmax.org

After that, it depends. For most people Europe is probably still better. For the top 5-15% or so, who want to grind, the US is probably better. At least when it comes to money / career related things.

Yea agreed. In europe even if you do everything right you'll still get taxed to death and buried under red tape. Comfort vs opportunity simple tradeoff and the US wins hard on the latter. If you are rich US is good, if you are not rich. US gives you many opportunities to become rich. I've even seen carpenters and truckers becoming millionaires after a little grind this is unheard of anywhere else in the world.

 

[Beastimmung]

Europe mogs if you are a NEET, Low ambition just want a relaxed, welfare supported life with decent public infrastructure, healthcare, and social stability otherwise US is better in almost every metric. Even cities like Houston Dallas, or Atlanta mog many European capitals in terms of cost of living to income ratio, business environment, and overall convenience

Making in it life has nothing to do with you so-called career.

You should be ambitious in other fields then your career.

After a certain income you should just reduce your work hours.

 

[karmacita901]

Where the fuck do i buy a lipus machine

 

[ascension]

Are you still using that breakout bot you showed me before?

 

[Seth Walsh]

Are you still using that breakout bot you showed me before?

Yea

 

[gonnabehappy]

Why are you respected on the forum?
Why did you name yourself after that poor kid who committed suicide?
What’s your rating?
What’s your job?

 

[greycel]

What business?
Do you make more from business or trading?
What are honestly your best business tips?

 

[Seth Walsh]

Why are you respected on the forum?
Why did you name yourself after that poor kid who committed suicide?
What’s your rating?
What’s your job?

1. Don’t know if I am. Only by OGs
2. That’s pure confidence
3. Don’t know.
4. Financial services init

 

[Seth Walsh]

Yea

@ascension

It's linked to telegram now so I've a channel where breakouts are posted (priv channel, my personal account is the only member).

But I'd love to create a fully systematic bot that takes trades, I'd need to engineer the risk mechanics very well though. I'd say something like AWS serverless + lambdas for execution, or just an EC2 instance with 24/7 uptime, whichever is cheaper.

The breakouts (the signal), is the easy part. And when it comes to taking trades, they've a really good EV, they're infrequent, high upside, and align with macro cycles. What I'd need to figure out is how to nurse the trades. The cryptocurrency market is so correlated in the sense that all coins' prices move in the same direction, together.

The system would be a beast if I could find some sort of decorrelation, possibly through some esoteric alts and/or a mix of that and trading against base currencies other than USD.

Still hard to scale risk through because of the correlation limits.

There's always the idea of capturing convexity and being extremely long vol. Adding to a winning trade and riding it for insane profits is hard to implement into a system. Where and when to increase position size? It seems like "betting on supertrends" is the only way to really make money, but I can't have a system pushing risk limits too hard...